Poles buy mattress factories in US
September 17th, 2008
Polish entrepreneurs are moving production to the U.S. where manufacturing plants, office space, mattresses, machines and land can be bought cheaper due to the depreciating dollar – “Dziennik” daily writes.
As the newspaper reports Polish furniture company Com.40 is launching mattress and couch production in Danville, VA for USD 36 million. The company plans to hire 800 workers.
Experts quoted by “Dziennik” believe the value of the US dollar against the Polish zloty may drop below 2.05. Some say it might even fall below what is called the “psychological barrier” of 2 PLN.
